Wall Street’s major averages are muted on Monday as investors shift their focus to a wave of retail earnings and Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson Hole symposium later this week.

Bitcoin slid below $116K and Ethereum lost over 4% as crypto markets turned risk-off ahead of Fed Chair Jerome Powell’s final Jackson Hole keynote.

The investing world will turn its attention to northwestern Wyoming in the week ahead, with Chair Jerome Powell set to give his most important policy speech of the